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Thread: Fascinating Read into one of the less publicised banking scandals

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    Seething Cauldron of Hatred TheAnimus's Avatar
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    Fascinating Read into one of the less publicised banking scandals

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    jim
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    Re: Fascinating Read into one of the less publicised banking scandals

    It is interesting - and exactly the type of thing that the new Conduct Risk requirements are designed to prevent.

    Provided the regulators stick to their current track, it will be very easy to cripple banks who contravene them, but it doesn't take much for someone to decide to roll backs the regs.

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    Re: Fascinating Read into one of the less publicised banking scandals

    that is a monster read

    scary as hell too!!!

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    Re: Fascinating Read into one of the less publicised banking scandals

    One fun thing about Brexit is it might incentivise countries to fine banks they won't be bailing out.

    In this case it's only really the FED that has been looking at DB, the real scandal is the lack of attention the Germans have been giving it, considering they will be footing the bill.
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    Re: Fascinating Read into one of the less publicised banking scandals

    Quote Originally Posted by TheAnimus View Post
    One fun thing about Brexit is it might incentivise countries to fine banks they won't be bailing out.

    In this case it's only really the FED that has been looking at DB, the real scandal is the lack of attention the Germans have been giving it, considering they will be footing the bill.
    Is that new though?

    I mean, CS paid a gigantic fine in the US and we didn't see the UK or other EU countries leap onto the band wagon.

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    Re: Fascinating Read into one of the less publicised banking scandals

    In the current wake of a hard brexit I think it is jim.

    One "plus" of having less unity is more watchmen who are eager to watch the other nations banks.
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